Commerce Resources Total Debt vs. Price To Book
| CMRZF Stock | USD 0.05 0.01 16.67% |
For Commerce Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Commerce Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Commerce Resources Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Commerce Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Commerce Resources Corp over time as well as its relative position and ranking within its peers.
Commerce |
Commerce Resources Corp Price To Book vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Commerce Resources's current stock value. Our valuation model uses many indicators to compare Commerce Resources value to that of its competitors to determine the firm's financial worth. Commerce Resources Corp is the top company in total debt category among its peers. It is rated fifth in price to book category among its peers . The ratio of Total Debt to Price To Book for Commerce Resources Corp is about 861,757 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Commerce Resources' earnings, one of the primary drivers of an investment's value.Commerce Total Debt vs. Competition
Commerce Resources Corp is the top company in total debt category among its peers. Total debt of Materials industry is currently estimated at about 1.39 Million. Commerce Resources retains roughly 188,380 in total debt claiming about 14% of all equities under Materials industry.
Commerce Price To Book vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Commerce Resources |
| = | 188.38 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Commerce Resources |
| = | 0.22 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Commerce Price To Book Comparison
Commerce Resources is currently under evaluation in price to book category among its peers.
Commerce Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Commerce Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Commerce Resources will eventually generate negative long term returns. The profitability progress is the general direction of Commerce Resources' change in net profit over the period of time. It can combine multiple indicators of Commerce Resources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Commerce Resources Corp. acquires, explores, develops, and evaluates mineral resource properties in Canada. Commerce Resources Corp. was incorporated in 1999 and is headquartered in Vancouver, Canada. Commerce Res operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Commerce Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Commerce Resources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Commerce Resources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Commerce Resources' important profitability drivers and their relationship over time.
Use Commerce Resources in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Commerce Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Commerce Resources will appreciate offsetting losses from the drop in the long position's value.Commerce Resources Pair Trading
Commerce Resources Corp Pair Trading Analysis
The ability to find closely correlated positions to Commerce Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Commerce Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Commerce Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Commerce Resources Corp to buy it.
The correlation of Commerce Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Commerce Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Commerce Resources Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Commerce Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Commerce Resources position
In addition to having Commerce Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Consumer Goods Thematic Idea Now
Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumer Goods Theme or any other thematic opportunities.
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Other Information on Investing in Commerce OTC Stock
To fully project Commerce Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Commerce Resources Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Commerce Resources' income statement, its balance sheet, and the statement of cash flows.